Sat.Apr 15, 2023 - Fri.Apr 21, 2023

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Discovering Data Monetization Opportunities in Financial Services

Cloudera

Data has become an essential driver for new monetization initiatives in the financial services industry. With the vast amount of data collected from customers, transactions, and market movements, among other sources, this abundance offers tremendous potential for financial institutions to extract valuable insights that can inform business decisions, improve customer service, and create new revenue streams.

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Top considerations for data modernization initiatives

CIO Business Intelligence

Most organizations are already well under way with their digital transformation journeys, particularly data modernization. For most companies, the drive for data modernization is attributed to the massive growth of data and a business goal to harness as much data as possible to unlock its potential in transformative ways. Adopting cloud-based solutions is, perhaps, one of the most popular means of modernizing.

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Data Analytics: The Four Approaches to Analyzing Data and How To Use Them Effectively

KDnuggets

You will learn about descriptive analytics, data warehousing, machine learning, and big data.

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Supervised vs. Unsupervised Machine Learning: Use Cases & Examples

Dataiku

One of the most fundamental concepts to master when getting up to speed with machine learning basics is supervised vs. unsupervised machine learning. This blog post provides a brief rundown, visuals, and a few examples of supervised and unsupervised machine learning to take your ML knowledge to the next level.

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Beyond the Basics of A/B Tests: Innovative Experimentation Tactics You Need to Know as a Data or Product Professional

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? From Sequential Testing to Multi-Armed Bandits, Switchback Experiments to Stratified Sampling, Timothy Chan, Data Science Lead, is here to unravel the mysteries of these powerful methodologies that are revolutionizing how we approach testing.

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Why Businesses Should Use Machine Learning in 2023

Analytics Vidhya

Introduction In the words of Nick Bostrom, “Machine learning is the last invention that humanity will ever need to make.” Let’s start etymologically; machine learning (ML) is a subset of artificial intelligence (AI) that trains systems to apply specific solutions rather than providing the solution itself. It learns from previously existing data to detect any […] The post Why Businesses Should Use Machine Learning in 2023 appeared first on Analytics Vidhya.

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What is Data Mesh ?

Octopai

Data mesh is an approach to data architecture that is intentionally distributed, where data is owned and governed by domain-specific teams who treat the data as a product to be consumed by other domain-specific teams. Unified standards and tools for governance, discoverability and access enable a data mesh to function smoothly as an ecosystem. What are the principles behind data mesh architecture?

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Journey of a Data Scientist at Deloitte Using Analytics: Overcoming Challenges and Promoting Innovation

Analytics Vidhya

Introduction Are you aware of the challenges that come with a career in Data Science? Meet Anshuman Kumar, a skilled Data Scientist at Deloitte, who has faced and conquered numerous obstacles in his journey. He mitigated from business analytics towards success and became a Data Scientist. Anshuman has developed expertise in the field of data […] The post Journey of a Data Scientist at Deloitte Using Analytics: Overcoming Challenges and Promoting Innovation appeared first on Analytics Vidhy

Analytics 268
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The Role of Data in Understanding Demographics for Effective Marketing

Smart Data Collective

In the past, large data sets about consumers were far more difficult to come by. For small businesses and agencies, this meant being at a significant disadvantage to larger businesses and corporations that could afford to conduct large-scale research. Today, however, this is far from the case and consumer data is more available than it ever has been before.

Marketing 123
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Make Better Decisions with Collaborative Analytics

David Menninger's Analyst Perspectives

In my perspective on decision intelligence , I lamented the fact that business intelligence technologies have left the rest of the exercise to the reader for too long. Making a decision is a process that involves many steps and many people. Decision-making is so complicated and divorced from day-to-day business processes that organizations have had to create entirely separate teams to focus on the analytics and data to support it.

Analytics 298
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Mastering Generative AI and Prompt Engineering: A Free eBook

KDnuggets

In short, generative AI — and the prompts that power them — are everywhere. But beyond the basics, what do you really know about either? Perhaps you would find a concise, focused ebook on the topics useful.

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Meet AgentGPT, an AI That Can Create Chatbots, Automate Things, and More!

Analytics Vidhya

A fully autonomous AI agent called AgentGPT is gaining popularity in the field of generative AI models. Based on AutoGPT initiatives like ChaosGPT, this tool enables users to specify a name and an objective for the AI to accomplish by breaking it down into smaller tasks. AgentGPT is a no-code, browser-based solution that makes AI […] The post Meet AgentGPT, an AI That Can Create Chatbots, Automate Things, and More!

Modeling 381
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CIO Fletcher Previn on designing the future of work

CIO Business Intelligence

It has been three years since COVID sent us into remote work, and we now find ourselves with a new challenge: employees who have never met in person. The hybrid work paradigm has exposed the importance of getting in front of evolving changes in the way employees will work together in the future, accelerating IT leaders’ need not only to address the impact of hybrid work and sharpen their tech strategies to support it , but also to help shape the future workplace culture, in large part through e

Strategy 139
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How Smart Buildings Use Data to Help Businesses Cut Costs

Smart Data Collective

There are many ways businesses are using big data to make better decisions and operate more efficiently Organizations can use big data to optimize expenses and reduce costs. A modern data infrastructure can help get more value from data by accelerating decision making, simplifying operations, and powering analytics. One of the many ways big data is helping companies operate more cost-effectively is through the construction of smart buildings.

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A Guide to Top Natural Language Processing Libraries

KDnuggets

Natural Language Processing is one of the hottest areas of research. While NLP tasks may seem a bit complicated at first, they can be made easier by using the right tools. This article covers a list of the top 6 NLP Libraries that can save you time and effort.

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Driving Business Impact for PMs

Speaker: Jon Harmer, Product Manager for Google Cloud

Move from feature factory to customer outcomes and drive impact in your business! This session will provide you with a comprehensive set of tools to help you develop impactful products by shifting from output-based thinking to outcome-based thinking. You will deepen your understanding of your customers and their needs as well as identifying and de-risking the different kinds of hypotheses built into your roadmap.

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Why Learn No Code Machine Learning in 2023?

Analytics Vidhya

Introduction Technologies like machine learning and artificial intelligence have become the talk of the town because of their applicability across organizations of all sizes and domains; and their ability to automate the most complex tasks. It was only in the reinvention of backpropagation in the mid-1980s that they were deemed successful sheerly because of the […] The post Why Learn No Code Machine Learning in 2023?

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ISO 20022: Are your payment systems ready?

IBM Big Data Hub

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. The International Organization for Standardization (ISO) developed the standard, which is being adopted by countries and financial institutions worldwide.

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How to succeed as a fractional CIO

CIO Business Intelligence

What is a fractional CIO? Fractional CIOs operate in a sphere that’s significantly different from their traditional, full-time counterparts. A fractional CIO is a technology leader hired on a temporary or part-time basis, explains Peter Kirkwood, corporate strategy leader at management consulting and strategy advisory firm Zinnov. A fractional CIO is typically an experienced IT leader who is external to the enterprise yet acts as an accountable leader and extension of the executive team, says Da

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Unveiling the Potential of CTGAN: Harnessing Generative AI for Synthetic Data

KDnuggets

CTGAN and other generative AI models can create synthetic tabular data for ML training, data augmentation, testing, privacy-preserving sharing, and more.

Testing 159
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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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Google’s Monopoly Hindered Innovations Like ChatGPT: US Department of Justice

Analytics Vidhya

The US Department of Justice (DOJ) has recently asserted that Google’s monopoly in the tech industry may have delayed the development of innovations like ChatGPT. This statement brings attention to the growing concerns regarding the market dominance of tech giants and the potential repercussions of technological advancements and competition. The DOJ’s Findings on Google’s Monopoly […] The post Google’s Monopoly Hindered Innovations Like ChatGPT: US Department of Jus

Marketing 348
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Are LLMs Poised To Be A Great Business Intelligence Equalizer? Not Yet.

Boris Evelson

The generative AI boom is fundamentally changing the landscape of vendor offerings. We believe one largely ignored area where generative AI will have a disruptive impact is in enterprise analytics, specifically business intelligence (BI).

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How TCS is helping to fight financial crime with AI and Microsoft Cloud

CIO Business Intelligence

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. Every new portal and mobile app expand the attack surface and give hackers new opportunities to exploit vulnerabilities. The stakes for financial organizations are growing as well. In 2021, U.S. fraud losses amounted to $5.9 billion, a 436% increase over 2017 levels, according to McKinsey.

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KDnuggets Top Posts for March 2023: ChatGPT for Data Science Cheat Sheet

KDnuggets

ChatGPT for Data Science Cheat Sheet • 4 Ways to Generate Passive Income Using ChatGPT • GPT-4: Everything You Need To Know • Automate the Boring Stuff with GPT-4 and Python • Simpson's Paradox and its Implications in Data Science • ChatGPT vs Google Bard: A Comparison of the Technical Differences • OpenChatKit: Open-Source ChatGPT Alternative • How to Use ChatGPT to Improve Your Data Science Skills

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How to Build an Experimentation Culture for Data-Driven Product Development

Speaker: Margaret-Ann Seger, Head of Product, Statsig

Experimentation is often seen as an aspirational practice, especially at smaller, fast-moving companies who are strapped for time and resources. So, how can you get your team making decisions in a more data-driven way while continuing to remain lean and maintaining ship velocity? In this webinar, Margaret-Ann Seger, Head of Product at Statsig, will teach you how to build an experimentation culture from the ground-up, graduating from just getting started with data-driven development to operating

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DinoV2: Most Advanced Self-Taught Vision Model by Meta

Analytics Vidhya

Meta AI has announced the launch of DinoV2, an open-source, self-supervised learning model. It is a vision transformer model for computer vision tasks, built upon the success of its predecessor, DINO. The innovative model delivers robust performance and does not require fine-tuning, setting it apart from other similar models, such as CLIP. Also Read: Microsoft […] The post DinoV2: Most Advanced Self-Taught Vision Model by Meta appeared first on Analytics Vidhya.

Modeling 336
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Data Careers That Make a Positive Impact on the World

Smart Data Collective

Are you interested in a career in big data? As we said before, there are many careers you can go into with a degree in data science. The BLS reports that there are 113,000 data scientists in the country. That figure is growing by the year. Finding a career that you are passionate about is not an easy task in itself. Once you have finished school it is likely that your career will take up the majority of your life going forward – so it’s important to find the right one.

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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO Business Intelligence

Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. These technologies are also allowing retailers to capture and gather insights from more and more data – with a big assist from artificial intelligence (AI) and machine learning (ML) technologies – to become more efficient and achieve evolving sustainability goals.

IoT 103
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A Step-by-Step Guide to Web Scraping with Python and Beautiful Soup

KDnuggets

Learn the basics of Web Scraping and its Python implementation. Also, get to know about the various methods of Beautiful Soup library.

IT 159
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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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This is How Experts Predict the Future of AI

Analytics Vidhya

AI has become a teacher, guide, friend and even more to people worldwide. Holding answers to almost every question and the ability to ‘think’, it has astonishingly even passed multiple exams curated to identify the human mindset and thought process. The AI revolution is here! But will it last, or will another human innovation tread […] The post This is How Experts Predict the Future of AI appeared first on Analytics Vidhya.

Analytics 330
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The Surprising Role of AI in Making PowerPoint Presentations

Smart Data Collective

We have talked extensively about the benefits of using AI technology in marketing. One benefit we haven’t covered has been the use of AI to create amazing PowerPoint presentations. AI Makes it Easier than Ever to Create Amazing PowerPoint Presentations and Convert them to More Usable File Types AI tools such as Designs.ai can help you create beautiful presentation slides and templates that use A.I. technology.

Sales 95
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What CIOs need to become better enablers of sustainability

CIO Business Intelligence

Over 90 wildfires ravaged Spain’s Asturias principality in March this year. Though not as cold and wet as northern Europe, March is still the tail end of winter in northwest Spain, a region not typically considered a tinder box. But the climate emergency is steadily changing that. But Spain’s predicament isn’t unique. Across the world, climate change has bitten hard into the economies of tech-centric California, again due to wildfires.

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Dolly 2.0: ChatGPT Open Source Alternative for Commercial Use

KDnuggets

Dolly 2.0 was trained on a human-generated dataset of prompts and responses. The training methodology is similar to InstructGPT but with a claimed higher accuracy and lower training costs of less than $30.

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Embedded Analytics: A Force Multiplier for Business

The possibilities for embedded analytics to drive real value for businesses, end users, and society are as fascinating as they are limitless. No matter the industry, brand after brand is finding that analytics can be the solution to a multitude of business challenges. Go deep with five insightsoftware customers as they share the details of their analytics journeys and discuss the transformative power of data.